“There is never an easy time to do it,” Roach said on Bloomberg Television today. “The longer they wait, the greater the chance they sow the seeds for the next bubble. So I’m in favor of an early exit strategy.”
Follow the money not the words. If the recovery was strong, the Fed's actions would reflect it. Besides, the Fed, a proven serial bubble blower, is not too concerned about exiting late.
Source: bloomberg.com
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